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Particulars given - Opening stock of materials Closing stock of materials Materials purchased 4,000 units @ Standard Quantity of Materials required per tonne of finished
Particulars given - Opening stock of materials Closing stock of materials Materials purchased 4,000 units @ Standard Quantity of Materials required per tonne of finished product Standard rate of Material Finished Products for the period Calculate : (a) Material cost variance (b) Material price variance (c) Material usage variance. Nil 700 units *2.50 each 20 units 2 100 tonnes
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